Kia India has received a tax demand notice from the authorities over component imports even as the automaker has denied any ...

Kia India has received a tax demand notice for USD 155 million over component imports for the Carnival model. The automaker denies any wrongdoing and has filed a detailed response.

According to the notice, Kia India wrongly declared imports of components for Carnival MPV’s assembly process.

Indian tax authorities have sent a confidential notice to South Korean car maker Kia Motors accusing it of evading millions ...

Foreign companies in India face tax disputes related to duty evasion and levies on M&A transactions. Major cases involve Kia, Volkswagen, Vodafone, Cairn Energy, Pernod Ricard, and BYD, with ...

Two sources said Kia's case was similar to that of Volkswagen, accused of evading a higher tax of 30% to 35% applicable on ...

India has accused South Korea's Kia of evading taxes of $155 million by misclassifying component imports but the carmaker has denied wrongdoing, the latest fight by a foreign automaker with New Delhi ...

The tax notice, which was sent to Volkswagen India in September last year, targets the taxation of some of the company’s VW, ...

Volkswagen has filed a lawsuit against Indian authorities over what the brand describes as an "impossibly enormous" tax ...

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Volkswagen has filed a lawsuit against the Indian authorities to cancel an "impossibly enormous" tax demand of $1.4bn, ...

Volkswagen (VWAGY) shares skidded lower as the U.S. slapped tariffs on trading partners, but there are perhaps more pressing ...